Cooper Business School

In the current economic situation is more difficult to find work, so a good option that will give you security and freedom to create your own business.

But Where can we raise money? There are several sources.When it is best to find funding to keep all options open, not focus on one or two only. Because that could harm us.

Forwards some good sources, which hopefully will save you much time and energy:

1. I dish it, I eat it. This might sound funny to say, Self-financing of your savings (if any) is always preferable. The advantages are many, you have to be accountable to investors and not have to relinquish any control of your company.

2. Friends and family. Consult your inner circle, before considering other possibilities. If you have your idea to a friend or relative, can be excited about it and very happy to participate. Got something to please when seeking investors, friends and family and trust you.

3. Small Business Grants. This option often overlooked cube is often overlooked, but should be a major focus. Small business and your industry and consolidated with similar interests, they may be interested subvencionarte your project and, in exchange for a well marketed product they make.

4. Loans or credit lines. If your company needs only a push of capital, consider asking for a small loan or micro credit. A loan for the Small Business Administration, is supported now more than ever by the Government, and will surely offer a lower interest rate. Notified of all funds of the Government as grants for small SMEs. If you go to a bank you will probably claim a personal guarantee in respect of risk, for example, your house.

5. Incubators. The launch of the incubator is a company, university or other organization that puts up resources – laboratories, office space, consulting, treasury, marketing. In exchange for equity in young companies, when they are beginning. Search Business Incubators.

6. Angel investors. For those looking for 25,000 to 250,000 euros, the network of investors may be helpful. The establishment of contacts is important here, you need to find people who understand your industry and share your passion. You can check Comunitae, loans between people.

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